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Oman PPP Conversion Factor

PPP conversion factor, GDP  PA.NUS.PPP

Oman's ppp conversion factor was 0.20 in 2025, ranked 197th globally. This represents a 4.4% increase from 2024. Data from World Bank, covering 1990–2025.

0.20 +0.01 (+4.4%)
Year 2025 Rank #197 Global Peak 0.21 (2022) Source World Bank

Oman PPP Conversion Factor (1990–2025)

Overview

Oman's ppp conversion factor stood at 0.20 in 2025, a rise of +0.01 from 2024. Based on recent trends, this figure is projected to reach 0.20 by 2025. Oman ranked 197th globally.

Oman's purchasing power parity (PPP) conversion factor has risen from 0.11 in 1990 to 0.20 in 2025, placing the country at rank 197 globally and aligning it with regional peers such as Kuwait, which records the same 0.20 level. The indicator reached its all‑time peak of 0.21 in 2022, a modest improvement over the low of 0.08 observed in 1998, the trough of the 36‑year series. This upward trajectory reflects gradual structural adjustments, including diversification efforts beyond oil and modest improvements in price level differentials relative to the United States dollar. Compared with Bahrain’s 0.17 conversion factor and Jordan’s 0.30, Oman remains near the lower end of the Gulf Cooperation Council spectrum, suggesting that further reforms in fiscal policy and private‑sector development could accelerate convergence toward higher PPP values. Continued investment in non‑hydrocarbon sectors is likely to sustain the recent gains and potentially lift the conversion factor above the current 0.20 benchmark.

Data & projection

Year PPP Conversion Factor YoY change Rank
2027* trend 0.20 - -
2026* trend 0.20 - -
2025* trend 0.20 - -
2025 0.20 +0.01 #197
2024 0.19 −0.01 #2
2023 0.19 −0.02 #2
2022 0.21 +0.02 #3
2021 0.19 +0.01 #3
2020 0.18 −0.01 #3
2019 0.20 −0.00 #4
2018 0.20 −0.00 #4
2017 0.20 +0.01 #4
2016 0.20 −0.00 #4
2015 0.20 −0.00 #4
2014 0.20 +0.01 #4
2013 0.19 +0.00 #4
2012 0.19 +0.00 #4
2011 0.18 +0.02 #4
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.8% GDP growth 5.2% C/A balance 5.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Oman matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →

Frequently Asked Questions

What is Oman's ppp conversion factor?▾

Oman's ppp conversion factor was 0.20 in 2025. Ranked 197th globally. This represents a 4.4% increase from the previous year.

What was the highest ppp conversion factor in Oman?▾

Oman's ppp conversion factor peaked at 0.21 in 2022.

What was the lowest ppp conversion factor in Oman?▾

The lowest ppp conversion factor in Oman was 0.08 in 1998.

How does Oman rank in ppp conversion factor?▾

Oman ranks 197th globally in ppp conversion factor as of 2025.

What is the World Bank indicator code for ppp conversion factor?▾

The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.

What is the projected ppp conversion factor of Oman in 2025?▾

Oman's ppp conversion factor is projected to reach 0.20 by 2025 based on trend extrapolation.

What is the ppp conversion factor of Oman in 2025?▾

The ppp conversion factor of Oman in 2025 was 0.20. This ranks 197th in the world.

Cite this page

APA
Oman PPP Conversion Factor. HistorySaid. Retrieved November 10, 2026, from https://historysaid.com/oman/ppp-conversion-factor/
BibTeX
@misc{historysaid_oman_ppp-conversion-factor, title = {Oman PPP Conversion Factor}, url = {https://historysaid.com/oman/ppp-conversion-factor/}, publisher = {HistorySaid}, year = {2026} }
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